Lindenfelser Celebrates 30 Years of Financial Leadership at The Bank of Elk River

Leroy Lindenfelserds

ELK RIVER, Minn., — LeRoy Lindenfelser, the Chief Financial Officer of The Bank of Elk River, celebrated his 30th anniversary with the institution in June, according to chairman, president and CEO John Babcock.

LeRoy joined The Bank of Elk River in 1994 as a consumer lender for the yet-to-be-built Otsego branch. His dedication and expertise led him to the Main Street branch in 1998 as a commercial lender and assistant CFO. LeRoy assumed his current role of CFO in September 2007.

“I was grateful that the bank saw potential in me and supported my goals of furthering my education by attaining a Master’s degree,” Lindenfelser expressed. “The bank leadership’s focus on learning and development for its employees is one of the things that I love about the culture here. When I first started, I remember asking Pat Dwyer and Jim Simpson about their tenure. Hearing of their 30+ years of service seemed like an eternity, but here I am, celebrating the same.”

As CFO, LeRoy has guided the bank through challenging times. His contributions have been pivotal to the bank’s resilience and growth. In 2019, LeRoy was named CFO of the Year—a testament to his ongoing influence on the bank’s success.

LeRoy has been an integral part of the bank’s marketing committee, funds management committee, loan committee, and Employee Stock Ownership Program. Additionally, he sits on the board of directors for the bank’s holding company, Metro North Bancshares.

LeRoy is involved with the Elk River and I94 chambers, the City of Otsego Economic Advisory Committee, and local sports associations, as well as contributions to St. Michael Catholic Church.

“LeRoy’s 30-year tenure is a testament to his profound influence and integrity, resonating in both his thoughtful decisions and his purposeful actions. His contributions transcend the typical role of a CFO; he is an integral member of our work family, a true expert in his field, and a leader whose opinion is invaluable to me and the board of directors,” said John Babcock. “On behalf of The Bank of Elk River and the Babcock family, I extend our deepest gratitude. Thank you, LeRoy, for your unwavering commitment over the last 30 years!”

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